Trading Plan: BTC ETH XRP BCH LTC
BTCUSD
The fall in Bitcoin has slowed. It is too early to talk about the turn of the crypto market. We are expecting the initiative of Bitcoin buyers, so we do not recommend opening deals.
Forecast for today:
Neutral position at the rate of Bitcoin with a range: $5345 - $3500.
ETHUSD
The rate of Ethereum also slowed its decline. In our opinion, either a sharp rebound in the price of Ether upward, or the formation of a long-term consolidation is possible. That is why we give a neutral forecast today.
Forecast for today:
Neutral position at the rate of Ethereum with a range: $165 - $100.
XRPUSD
Ripple rate may decline to the zone: $0.31 - $0.28. While the entire crypto market is in the red zone, we do not recommend buying Ripple.
Forecast for today:
Neutral position at the Ripple rate with a range: $0.40 - $0.28.
BCHUSD
The Bitcoin Cash rate is still moving near $150. The bearish trend is in force, so it’s dangerous to open early purchases on Bitcoin Cash, but it’s too late to sell it.
Forecast for today:
Neutral position at the rate of Bitcoin Cash with a range: $330 - $150.
LTCUSD
The Litecoin rate is near $27. In our opinion, it is possible the rebound of the course of Litecoin up, or a long flat. That is why we recommend waiting for clarity outside the market.
Forecast for today:
Neutral position at the rate of Litecoin with a range: $47 - $27.
The fall in Bitcoin has slowed. It is too early to talk about the turn of the crypto market. We are expecting the initiative of Bitcoin buyers, so we do not recommend opening deals.
Forecast for today:
Neutral position at the rate of Bitcoin with a range: $5345 - $3500.
ETHUSD
The rate of Ethereum also slowed its decline. In our opinion, either a sharp rebound in the price of Ether upward, or the formation of a long-term consolidation is possible. That is why we give a neutral forecast today.
Forecast for today:
Neutral position at the rate of Ethereum with a range: $165 - $100.
XRPUSD
Ripple rate may decline to the zone: $0.31 - $0.28. While the entire crypto market is in the red zone, we do not recommend buying Ripple.
Forecast for today:
Neutral position at the Ripple rate with a range: $0.40 - $0.28.
BCHUSD
The Bitcoin Cash rate is still moving near $150. The bearish trend is in force, so it’s dangerous to open early purchases on Bitcoin Cash, but it’s too late to sell it.
Forecast for today:
Neutral position at the rate of Bitcoin Cash with a range: $330 - $150.
LTCUSD
The Litecoin rate is near $27. In our opinion, it is possible the rebound of the course of Litecoin up, or a long flat. That is why we recommend waiting for clarity outside the market.
Forecast for today:
Neutral position at the rate of Litecoin with a range: $47 - $27.
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